Tokyo-listed gaming studio Gumi acquires 1 billion yen worth of Bitcoin
The BTC purchase is part of Gumi’s broader expansion into the blockchain sector, which includes acquiring and managing “high-quality tokens.”
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FTX user sues hedge fund over bankruptcy profits
Nikolas Gierczyk alleged that the hedge fund that bought his FTX claims refused to honor their agreement, which allows additional recovery for his funds.

Bitcoin Price Holds $10,000 as Top Cryptos See Mixed Movements
Saturday, Aug. 3 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) broke the $10,750 mark again.Market visualization courtesy of Coin360Bitcoin price is currently up by 3.15% on the day, trading at around $10,778 at press time, according to Coin360. Looking at its weekly chart, the…

The DeFi Hack: What Decentralized Finance Should and Shouldn’t Be
Decentralized finance, or DeFi for short, became a buzzword in 2019 following the valuations of MakerDao and Compound after both companies raised sizable rounds from the elite Silicon Valley-based Venture Capital firm Andreessen Horowitz.2020 has been a difficult year for the crypto DeFi sector — it’s been going through the wringer. Over the weekend, the…

Bitcoin Is Becoming More Valuable to Iranians Amid Tensions With US
Earlier this week, the world’s flagship crypto asset saw its value surge from around the $8,000 mark to just over $8,430 within an hour’s time. This latest price action came after the Iranian government decided to launch a missile attack on an Iraqi military base housing American troops.However, it bears mentioning that Iran’s actions were…

Price analysis 9/1: BTC, ETH, ADA, BNB, XRP, DOGE, SOL, DOT, UNI, LUNA
Bitcoin (BTC) is struggling to break above $50,000 but analysts remain confident due to strong on-chain metrics. Analyst Willy Woo believes that investors have been accumulating Bitcoin and a break above $50,000 could result in a quick up-move to $60,000.Another positive voice was that of SkyBridge Capital CEO Anthony Scaramucci, who said in an interview…

Solana Foundation defends decentralization amid patch coordination claims
Solana Foundation’s Dan Albert highlighted the network’s distributed block-producing nodes, arguing that coordinating a patch does not mean centralization.

SEC to up scrutiny of firms offering or giving advice about crypto
Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC. 107 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the…

Chinese crypto ban poses no threat to local industry media, sources say
Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram. 321 Total views 26 Total shares While some major Chinese cryptocurrency-related publications seem to be shutting down, a number of local news agencies continue running by moving to social media like Twitter.China’s most…